Economic benefits associated with restoration of fish stocks of Lake Malombe in Malawi
Abstract
177 words
This paper provides an overview of the research to be conducted
in Lake Malombe in Malawi. The changes that have taken place
in Lake Malombe fishery have had major social and economic
consequences on communities around the lake. In Malawi, the
Department of Fisheries recognizes that many fish stocks are
overfished, and therefore specifically calls for the restoration
efforts of depleted fish stocks in Malawi waters. The main
objective of this study is to analyse the potential net benefits
associated with restoration of overfished fish stocks in Lake
Malombe. The study will evaluate a subset of overfished stocks
based on their landed values. The present value of benefits
generated by the sector under the recent catch scenario will be
computed and compared with the present value of benefits that
would be generated under the restoration scenario. An
intertemporal preference analysis will be done to assess how
fishing communities want to utilize fisheries resources in
different time periods. The study will also construct a fisheries
account to help in monitoring fish stocks and wealth generated
by fishery resources.
Subjects
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